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Thyssenkrupp AG (TKAG.DE)

TKAG.DE on Xetra

22.85EUR
16 Feb 2018
Change (% chg)

€0.06 (+0.26%)
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Wed, Feb 14 2018

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Steel unit boosts Thyssenkrupp profit ahead of Tata Steel tie-up

FRANKFURT Germany's Thyssenkrupp joined rivals in reporting a strong recovery of its steel business, just weeks before it plans to ink a deal to merge the unit with the European operations of India's Tata Steel.

UPDATE 3-Steel unit boosts Thyssenkrupp profit ahead of Tata Steel tie-up

* Shares down as much as 2 pct on disappointing free cash flow

Thyssenkrupp Q1 operating profit up 35 pct on steel recovery

FRANKFURT, Feb 14 German industrial and technology group Thyssenkrupp on Wednesday reported a 35 percent increase in first-quarter operating profit, helped by a recovery at its steel unit, which it is currently trying to merge with Tata Steel.

Tata to invest in Port Talbot steel plant post Thyssenkrupp merger: sources

LONDON Tata Steel will finance the repair of a blast furnace at Britain's largest steelworks in Port Talbot, Wales, extending its life by seven years and soothing concerns about its commitment to Europe's steel sector, four sources told Reuters.

Tata to invest in Port Talbot steel plant post Thyssenkrupp merger- sources

* To invest in blast furnace at a cost of roughly 75 mln pounds

Thyssenkrupp steel workers back labour plan ahead of Tata deal

DUESSELDORF Steel workers at Germany's Thyssenkrupp voted on Monday in favour of a labour agreement that will safeguard jobs and plants in a planned joint venture with Tata Steel until 2026, removing another key hurdle for the tie-up.

UPDATE 2-Thyssenkrupp steel workers back labour plan ahead of Tata deal

* Approval key step in creating Thyssenkrupp-Tata Steel JV (Recasts, adds official confirmation, Thyssenkrupp comment)

UPDATE 1-Thyssenkrupp ends IT cooperation with T-Systems

* Deutsche Telekom had 1.2 bln euro T-Systems writedown in Q3 (Adds background)

Thyssenkrupp ends IT cooperation with T-Systems

DUESSELDORF, Germany, Feb 1 German industrial group Thyssenkrupp said on Thursday it had ended its business relationship with T-Systems, in a setback to Deutsche Telekom's IT services arm as it embarks on a restructuring.

Facing investor pressure, Thyssenkrupp pledges to refine strategy

FRANKFURT/BOCHUM, Germany Thyssenkrupp will review its strategy after a planned tie-up with India's Tata Steel, its chief executive said on Friday, fuelling investor hopes for further steps to make the sprawling industrial group more focused.

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